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The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares.
The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.Excluded again

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Score: 16

happycyclist says...11:05am Sat 19 Apr 14

Excluded again wrote…

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...

[quote][p][bold]Excluded again[/bold] wrote:
The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares.
The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.[/p][/quote]Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...happycyclist

Excluded again wrote…

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...

Score: 7

weevil66 says...3:35pm Sat 19 Apr 14

happycyclist wrote…

Excluded again wrote…

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...

The PFI at least put money back into the country on a whole. Can you just run me through the privatization of the utility firms ,docks ,airports ,national grid,train network,etc that the Tory government saddled the taxpayer with still to this day one more time....

[quote][p][bold]happycyclist[/bold] wrote:
[quote][p][bold]Excluded again[/bold] wrote:
The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares.
The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.[/p][/quote]Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...[/p][/quote]The PFI at least put money back into the country on a whole. Can you just run me through the privatization of the utility firms ,docks ,airports ,national grid,train network,etc that the Tory government saddled the taxpayer with still to this day one more time....weevil66

happycyclist wrote…

Excluded again wrote…

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...

The PFI at least put money back into the country on a whole. Can you just run me through the privatization of the utility firms ,docks ,airports ,national grid,train network,etc that the Tory government saddled the taxpayer with still to this day one more time....

Score: 11

moxhie says...4:46pm Sat 19 Apr 14

Is anyone surprised that the people of the country are getting ripped off by the Tories ? It's the way they do things . Forget the "We are all in it together" nonsense .

Is anyone surprised that the people of the country are getting ripped off by the Tories ?
It's the way they do things .
Forget the "We are all in it together" nonsense .moxhie

Is anyone surprised that the people of the country are getting ripped off by the Tories ? It's the way they do things . Forget the "We are all in it together" nonsense .

Score: 9

Pan-cake says...5:20pm Sat 19 Apr 14

weevil66 wrote…

happycyclist wrote…

Excluded again wrote…

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...

The PFI at least put money back into the country on a whole. Can you just run me through the privatization of the utility firms ,docks ,airports ,national grid,train network,etc that the Tory government saddled the taxpayer with still to this day one more time....

PPI put money back into the country???? Are you sure....the owners of the PFI deals are mainly offshore. No profits from the Blackburn Royal deal are being spent in Blackburn.

[quote][p][bold]weevil66[/bold] wrote:
[quote][p][bold]happycyclist[/bold] wrote:
[quote][p][bold]Excluded again[/bold] wrote:
The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares.
The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.[/p][/quote]Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...[/p][/quote]The PFI at least put money back into the country on a whole. Can you just run me through the privatization of the utility firms ,docks ,airports ,national grid,train network,etc that the Tory government saddled the taxpayer with still to this day one more time....[/p][/quote]PPI put money back into the country???? Are you sure....the owners of the PFI deals are mainly offshore. No profits from the Blackburn Royal deal are being spent in Blackburn.Pan-cake

weevil66 wrote…

happycyclist wrote…

Excluded again wrote…

The government employed City firm Goldman Sachs to advise on the price for the Royal Mail shares. They underpriced the shares by 60%. The taxpayer lost £750 million as a result. Goldman Sachs and their friends in the City made £750 million by buying up the cheap shares. The City saw the government coming. A bunch of incompetents so ideologically committed to privatisation they accepted whatever rubbish the City told them. And we the taxpayers lost £750 million as a result.

Good comment. Now, could you just run me through the PFI deals that the Labour government saddled the taxpayer with, one more time...

The PFI at least put money back into the country on a whole. Can you just run me through the privatization of the utility firms ,docks ,airports ,national grid,train network,etc that the Tory government saddled the taxpayer with still to this day one more time....

PPI put money back into the country???? Are you sure....the owners of the PFI deals are mainly offshore. No profits from the Blackburn Royal deal are being spent in Blackburn.

Score: 9

midas says...6:17pm Sat 19 Apr 14

Another band wagon he jumps on, albeit 6 weeks late!

Another band wagon he jumps on, albeit 6 weeks late!midas

Another band wagon he jumps on, albeit 6 weeks late!

Score: 3

Noiticer says...10:35am Sun 20 Apr 14

The Labour Party were just as guilty of pursuing the privatisation agenda when in government and would not, for example, consider renationalising the rail network in some form when the vast proportion of the electorate backed the idea. Will the next Labour Government continue to follow the neo liberal agenda for fear of upsetting the City if they don't? It will take a brave and courageous leader to rein in the free for all capitalism we have suffered from this past thirty years.

The Labour Party were just as guilty of pursuing the privatisation agenda when in government and would not, for example, consider renationalising the rail network in some form when the vast proportion of the electorate backed the idea. Will the next Labour Government continue to follow the neo liberal agenda for fear of upsetting the City if they don't? It will take a brave and courageous leader to rein in the free for all capitalism we have suffered from this past thirty years.Noiticer

The Labour Party were just as guilty of pursuing the privatisation agenda when in government and would not, for example, consider renationalising the rail network in some form when the vast proportion of the electorate backed the idea. Will the next Labour Government continue to follow the neo liberal agenda for fear of upsetting the City if they don't? It will take a brave and courageous leader to rein in the free for all capitalism we have suffered from this past thirty years.

Score: -3

Timefor says...2:35am Mon 21 Apr 14

Spot what Mr Jones didn't say . . . . "and if we're returned to power we will re-nationalise it along with transport and energy". Spot also what his lords and masters are also saying . . . "and our austerity measures will be bigger and tougher than theirs!" Lib/Con/Lab can anyone really spot any difference?

Spot what Mr Jones didn't say . . . . "and if we're returned to power we will re-nationalise it along with transport and energy".
Spot also what his lords and masters are also saying . . . "and our austerity measures will be bigger and tougher than theirs!"
Lib/Con/Lab can anyone really spot any difference?Timefor

Spot what Mr Jones didn't say . . . . "and if we're returned to power we will re-nationalise it along with transport and energy". Spot also what his lords and masters are also saying . . . "and our austerity measures will be bigger and tougher than theirs!" Lib/Con/Lab can anyone really spot any difference?

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